Future value (FV) refers to the estimated worth of an investment at a future date, based on a certain growth rate. You use it to determine how much the present value (PV) of your investment will be worth at a specific time in the future.
This open-access Excel template is a useful tool for bankers, investment professionals, and corporate finance practitioners.
Future value is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum. Gain valuable insights into the subject with our Math for Finance course.
You can also explore other related templates such as—Present Value and Time Value of Money.